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Mar 14, 2013
03/13
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get rid of the high tax rates and small businesses through tax reform. another point i think the ranking member will keep mentioning, medicare. and the medicare savings used for obamacare. two points. if you take the money from medicare to spend on obamacare, it does not go to medicare. we are saying, do not spend it on obamacare. make sure it goes to spending on the solvency of medicare. a number of groups in writing obamacare, supporting the legislation, said they could do more with less, but not all providers said that. we really do not know the answer to the puzzle because most of the cuts have not occurred yet. the tax increases are already in law and have already started. all the provider changes in the medicare network, and i have been on the oversight committee for 13 years. they have not even begun yet. we have not sorted through what will happen to providers. that is why we set up a mechanism to address the issues as they come in. some providers said they can do more with less. some said they could not. we will have to figure that out so the me
get rid of the high tax rates and small businesses through tax reform. another point i think the ranking member will keep mentioning, medicare. and the medicare savings used for obamacare. two points. if you take the money from medicare to spend on obamacare, it does not go to medicare. we are saying, do not spend it on obamacare. make sure it goes to spending on the solvency of medicare. a number of groups in writing obamacare, supporting the legislation, said they could do more with less, but...
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Mar 22, 2013
03/13
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want it all of the taxes, they just audit some of the taxes. that enables the system to function. considering that 98% of the client approved in the end, we should be simply taking all the new claims, approving them to a minimum level, auditing a small subset, and giving them a final resolution within five years. the medical system, of bluecross blueshield, processes 30 million medical claims a year. they'd do 9% them within 30 days, and we should be able to do the same thing. 99% of them within 30 days. those are some of my suggestions. the gentleman in the yellow tie. >> i am a vietnam veteran who is getting care at the local va. one of the biggest hazard sometimes it is the claims person who determines what kind of claim you get. orangeerefore agent related. i had a stroke, and they did not decrease my allotment, but getting back to what you have now, it is like you have in the regular committee. they did not increase my allotment. it is like you have in the regular community. the vietnam veteran, and now the iraq-afghanistan veterans. the v
want it all of the taxes, they just audit some of the taxes. that enables the system to function. considering that 98% of the client approved in the end, we should be simply taking all the new claims, approving them to a minimum level, auditing a small subset, and giving them a final resolution within five years. the medical system, of bluecross blueshield, processes 30 million medical claims a year. they'd do 9% them within 30 days, and we should be able to do the same thing. 99% of them...
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May 2, 2013
05/13
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a discussion about propose internet sales tax ♪ host: one of the issues to be discussed today when president obama meets with the new mexican president, enrique peÑa nieto, will be the war on drugs. that is what we want to talk to you about this morning on the "washington journal" as we go through the newspapers and the websites. if you support the war on drugs, (202) 585-3880 is the number for you to call. if you are opposed to it, you can also make a, and dash a comment on our facebook page. you can send it they tweet @cspanwj, of
a discussion about propose internet sales tax ♪ host: one of the issues to be discussed today when president obama meets with the new mexican president, enrique peÑa nieto, will be the war on drugs. that is what we want to talk to you about this morning on the "washington journal" as we go through the newspapers and the websites. if you support the war on drugs, (202) 585-3880 is the number for you to call. if you are opposed to it, you can also make a, and dash a comment on our...
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May 1, 2013
05/13
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then when it was determined that doing something about it might mean that we close some tax loopholes for the wealthy and the well-connected, suddenly, well, you know what? we'll take the sequester. and the notion was, somehow, that we had exaggerated the effects of the sequester. remember? the president's, you know, crying wolf. he's chicken little. the sequester? no problem. and then in rapid succession, suddenly white house tours, this is terrible. how can we let that happen? meat inspectors, we've got to fix that. and most recently, what are we going to do about potential delays at airports? so despite the fact that a lot of members of congress were suggesting that somehow, the sequester was a victory for them and this wouldn't hurt the economy, what we now know is that what i warned earlier or what jay stood up here and warned repeatedly is happening. it's slowed our growth, it's resulting in people being thrown out of work, and it's hurting folks all across the country. and the fact that congress responded to the short-term problems of flight delays by giving us the option of sh
then when it was determined that doing something about it might mean that we close some tax loopholes for the wealthy and the well-connected, suddenly, well, you know what? we'll take the sequester. and the notion was, somehow, that we had exaggerated the effects of the sequester. remember? the president's, you know, crying wolf. he's chicken little. the sequester? no problem. and then in rapid succession, suddenly white house tours, this is terrible. how can we let that happen? meat...
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Feb 27, 2013
02/13
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the crisis time coming out whether we would increase tax rates. the goalposts were moveon appeared the second thing is, the president has a difficult time talking to people who do not agree with him. so if you will see inset of the president bringing individuals in congress who might disagree with him and sit down and talk to them to see if they can resolve those differences, the president has surrounded himself with campaign stops where he puts people who already agree with him around a chair and clap at everything he says. if you want to reach a compromise, the best way to do that is to go in a room with people who might disagree with you and try to listen for a moment. third, the best way to get a compromise is not to think that everybody who disagrees with you is some type of villain. that is the way the president seems to put it when he attacks every republican, almost 50% of the electorate across the country, just because they agree with him -- disagree with them. i hope the president will come back to washington come a sit down with us and
the crisis time coming out whether we would increase tax rates. the goalposts were moveon appeared the second thing is, the president has a difficult time talking to people who do not agree with him. so if you will see inset of the president bringing individuals in congress who might disagree with him and sit down and talk to them to see if they can resolve those differences, the president has surrounded himself with campaign stops where he puts people who already agree with him around a chair...
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Mar 14, 2013
03/13
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most middle tax payers would see their tax rate go down. but to be quite a bit of reduction depending on where you are in the tax bill. i do not see anything in here. i read the entire bill. i do not see anything the home mortgage reduction or charitable giving. i do not say those things in here. i do not know what the ways and committee will do with this instruction. i'm not sure what and not a resolution of let's not raise taxes on the middle class effectively does. i would encourage my colleagues at his point to impose the amendment and just adopt a budget as written. i yield back. >> thank you. i yield 10 minutes to my friend from indiana. >> thank you. i do not believe there should be tax increases on anyone the matter their income levels. the best thing we can do is turn the economy around and create jobs and poor money back into this economy. our budget -- and pour money back into this economy. additional taxes on anyone damages the economy. let me see a quick story about my area in indiana. when i go home and i have conversations wi
most middle tax payers would see their tax rate go down. but to be quite a bit of reduction depending on where you are in the tax bill. i do not see anything in here. i read the entire bill. i do not see anything the home mortgage reduction or charitable giving. i do not say those things in here. i do not know what the ways and committee will do with this instruction. i'm not sure what and not a resolution of let's not raise taxes on the middle class effectively does. i would encourage my...
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Apr 11, 2013
04/13
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then there is a tax credit proposal. agencies are working on the criteria but the goal is if you are the leader of such a community, a county, city, a neighborhood it should feel like one doorway in to partnership with the federal government. it will resources and technical assistance. we will build on a program that we have called strong cities, strong communities, we have staff and we're supporting local leadership and identifying clear goals and clear metrics and breaking down the barriers within the government make sure we're the best possible partner. >> on the security trust, is that in addition to the increase in the vehicle research budget that you're talking about? >> yes, that's my understanding. >> yes, that is separate $2 billion. >> hello. i want to get into the weeds a little bit about the kindergarten -- full day kindergarten and the opportunities in that issue. talk to me about how many teachers you're excepting to add to this program -- expecting to this programs. how much is the cost? also, what -- i'm
then there is a tax credit proposal. agencies are working on the criteria but the goal is if you are the leader of such a community, a county, city, a neighborhood it should feel like one doorway in to partnership with the federal government. it will resources and technical assistance. we will build on a program that we have called strong cities, strong communities, we have staff and we're supporting local leadership and identifying clear goals and clear metrics and breaking down the barriers...
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Jul 19, 2013
07/13
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it brought back at a lower tax rate. the joint revenue committee says this money is going to come back at 835% tax rate. to comeere it is going back? it is cominging back. it probably will never come back. you're never going to get this money. how do you solve that problem? >> in the house, i put discussion drafts out. that on a is critical regular basis, companies bring back those dollars that they have earned overseas without a double tax. that is one of the areas where we are not competitive. that in a regular basis. it is out there. there is an ability to do that. we are obviously working through that. we have a lot of the back out there. it is an area that is very complicated. it is essential for us to compete in the world. they think it is now almost $2 trillion. acme get that investment here in the u.s.? larget these multinational company's platform any edits its -- i've formed any platformed ins -- the united states. >> beer on the same page on that one. age onare on the same patch that one. >> do you have a view
it brought back at a lower tax rate. the joint revenue committee says this money is going to come back at 835% tax rate. to comeere it is going back? it is cominging back. it probably will never come back. you're never going to get this money. how do you solve that problem? >> in the house, i put discussion drafts out. that on a is critical regular basis, companies bring back those dollars that they have earned overseas without a double tax. that is one of the areas where we are not...
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May 8, 2013
05/13
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taxes. you don't start negotiations -- >> agree to raise taxes and then we will maybe talk about entitlement spending and spending cuts which, right now we will lot agree to in principle. that's hardly a smart way to negotiate.>> the president did. >> not the people negotiating in congress. i'm not trying to get a squalor here, but the point is spending is the problem. for the last 60 years, we have taken about 20 cents of gdp and by the time my kids are my age, we will be taking 60 cents. that is the problem. you need to reform entitlements. you need to get spending under control. then when we see the other budget offered. taking the president's budget for example. taking the smoke and mirrors a way, it is a $1 trillion increase and cut. they do not even proposed have net spending decreases, so that is a very, very different world from the one we are operating out of and we're very far apart. what we're trying to do is have conversations to find common ground. you asked patty where it exist
taxes. you don't start negotiations -- >> agree to raise taxes and then we will maybe talk about entitlement spending and spending cuts which, right now we will lot agree to in principle. that's hardly a smart way to negotiate.>> the president did. >> not the people negotiating in congress. i'm not trying to get a squalor here, but the point is spending is the problem. for the last 60 years, we have taken about 20 cents of gdp and by the time my kids are my age, we will be...
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May 1, 2013
05/13
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we will have to shut down some of these tax loopholes. tax expenditures. senator mccain and others have suggested that they might be open to that kind of thing to replace the sequester. made some statement that you could maybe put together a smaller package. even that, it includes closing some tax loopholes. violating the norquist rule. even that is going to have rocky times. i'm very nervous when i think of the speak ears good intentions, he can't see his way to putting on a table a deept way out now. the clock ticks. we have a proposal to deal with it. >> chris is right, but do you think republicans will play hardball? it could hurt the republican party also. >> i think the president means what he says when he says i'm not negotiating over there. hold on to your hat. >> he said he couldn't negotiate over a $200,000 cap. and the f.a.a.. >> i think what he has concluded what happened the white house has concluded is this really is almost a constitutional issue. that back and forth in the summer, they are not going to do it again. you could throw out a lot
we will have to shut down some of these tax loopholes. tax expenditures. senator mccain and others have suggested that they might be open to that kind of thing to replace the sequester. made some statement that you could maybe put together a smaller package. even that, it includes closing some tax loopholes. violating the norquist rule. even that is going to have rocky times. i'm very nervous when i think of the speak ears good intentions, he can't see his way to putting on a table a deept way...
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Apr 11, 2013
04/13
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credit, the child tax credit and the college tax relief. in doing that, we believe that should be part of the base line. so if people in negotiation accepted that was part of the base line that would not have to be paid for. but if somebody said they took a different view we put in $150 billion in a reserve that could help pay for them. that is revenue to be fiscally conservative and to say we believe in extending those important tax incentives. if people believe they should be paid for as opposed to being part of the base line, they are in our base line, i believe in the mcginnis group and others keep in the base line. those are in the reserve if needed. other revenues are for other tax cuts that we have going forward. explicit ace where we raise for investment is what cecilia talked about that is the tobacco tax. we believe that additional revenue is justified for the positive that it serves in terms of early childhood and the deterrent effect it has on smoking. >> if i could just have a follow-up. speaker boehner has criticized the admin
credit, the child tax credit and the college tax relief. in doing that, we believe that should be part of the base line. so if people in negotiation accepted that was part of the base line that would not have to be paid for. but if somebody said they took a different view we put in $150 billion in a reserve that could help pay for them. that is revenue to be fiscally conservative and to say we believe in extending those important tax incentives. if people believe they should be paid for as...
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Dec 18, 2013
12/13
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we can turn our full attention to entitlement reform and tax reform. congress will debate raising bc debt ceiling -- raising the debt ceiling once again next year. we will no longer need to provide additional flexibility for defense spending. this bill will give the defense community the resources they need and conversations with top officials at the pentagon and within the intelligence community over the weekend, they have urged the support of this address they to current budget crisis. i am extremely synthetic to both those communities and want to make sure that whatever product -- sympathetic to both those communities and want to make sure that this bill does address the shortfalls, as well as the flexibility issues in the defense community, as well as in the intelligence community. approachased with the that the budget chairman took to not turn off sequester, but to instead extending mandatory cuts for an additional two years, the odds what the budget control prescribes. this is an $85 billion fix on the sequester that keeps it from going too deep
we can turn our full attention to entitlement reform and tax reform. congress will debate raising bc debt ceiling -- raising the debt ceiling once again next year. we will no longer need to provide additional flexibility for defense spending. this bill will give the defense community the resources they need and conversations with top officials at the pentagon and within the intelligence community over the weekend, they have urged the support of this address they to current budget crisis. i am...
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Mar 14, 2013
03/13
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-- taxes with a better tax system. and get rid of loopholes to a lower rate. that is what tax reform is. with respect to the spending issues, the medicare provision, here is what obamacare does. it takes $716 billion from medicare to spend on obamacare. we and the rate of the program so all of those dollars go to extending the dollars of obamacare. we have witnessed testimony after testimony, whether it was cbo or cms, tell us you cannot spend the same dollar price. we say do not take that money from medicare and put it in obamacare. goes towards medicare. one more point. we have learned through the past that price controls are not working. we put reserve funds in our budgets to address these inadequacies. last year, a reserve fund. you come up with money to save in other places and present -- prevent from getting cut. they did that and they did not get cut. we sent up the same process for other medicare providers from that that we believe those price controls will damage. this has not been held out yet. all of these c
-- taxes with a better tax system. and get rid of loopholes to a lower rate. that is what tax reform is. with respect to the spending issues, the medicare provision, here is what obamacare does. it takes $716 billion from medicare to spend on obamacare. we and the rate of the program so all of those dollars go to extending the dollars of obamacare. we have witnessed testimony after testimony, whether it was cbo or cms, tell us you cannot spend the same dollar price. we say do not take that...
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May 30, 2013
05/13
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not many tax hold -- households pay $31,000 a year in taxes. when you look at the least advantaged households, those with the lowest level of education, where the head of the household does not have a high school degree, they receive over $48,000 a year in government benefits and only pay around $12,000 a year in taxes. there is a net deficit their of around $30,000 there -- a year. if you look at the other end, households headed by someone with a college degree, they are the opposite. they pay $30,000 a year more in taxes than they take out in benefits. overall we have a massive system of redistribution in which we provide lots of benefits to the least advantaged americans and do not request much of them in taxes. they pay taxes, and i calculate how much lottery tax and tobacco excise tax -- we have over seven different categories of spending and over 30 individual categories of taxation. it comes up to equal total government spending. the same thing for taxes. it is a holistic analysis. the question vis-a-vis amnesty is you are looking at 11
not many tax hold -- households pay $31,000 a year in taxes. when you look at the least advantaged households, those with the lowest level of education, where the head of the household does not have a high school degree, they receive over $48,000 a year in government benefits and only pay around $12,000 a year in taxes. there is a net deficit their of around $30,000 there -- a year. if you look at the other end, households headed by someone with a college degree, they are the opposite. they pay...
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Aug 7, 2013
08/13
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they are being hit by sequestration, entitlements, and tax reform are getting a free ride. that is exactly the wrong way to go. i would say sequestration is worse than nothing. having said that, why have we not been able to move beyond it in the last year or so? that is the other part of the question, because the origins of that arm will shared origins. here if i had to allocate land, i would sort of say 65% to the tea party wing of the republican party, a 35% to the staunch defense of entitlements wing of the democratic party. the only reason why i give -- there's plenty of blame to go around. 35% of blame for democrats is not meant to be a pass or a soft critique. maybe i could be talked into 60%-40%. president obama's budget request this past spring was plausible, looking for compromise. and he is the top policymaker in his party. where i would criticize the president is he does not like to talk about it very much. he is not trying to rally a spirit of shared sacrifice around the country the way some of my heroes, paul tsongas, warren rudman, and bob dole and bill clinto
they are being hit by sequestration, entitlements, and tax reform are getting a free ride. that is exactly the wrong way to go. i would say sequestration is worse than nothing. having said that, why have we not been able to move beyond it in the last year or so? that is the other part of the question, because the origins of that arm will shared origins. here if i had to allocate land, i would sort of say 65% to the tea party wing of the republican party, a 35% to the staunch defense of...
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May 17, 2013
05/13
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she gets one, she will have to pay tax on that. so does every other citizen -- senior citizens with one. i think that's flat out wrong. mr. speaker, this is a terrible bill. it needs to be repealed. thank you, mr. speaker. the gentleman from arizona keeps talking about the terrible things and health care reform. his state, if the aca was repealed, that the meeting in arizona. drug costs for thousands would've been 102 million dollars higher. 69,000 young adults would not .ave had coverage would not have received $28 million in rebates from insurance companies. next are, thousands will have access to quality dependable insurance covers. these are the real problems that happened in the state of arizona if this bill were to pass i reserve the balance of my time. >> at this time, i yield one minute to the gentleman from south carolina. mr. sanford. at a notion of .epealing obamacare at the end of the exhibit of the government accounting office, there are 6.2 trillion dollars if youlative impact of look at the american tax reform study,
she gets one, she will have to pay tax on that. so does every other citizen -- senior citizens with one. i think that's flat out wrong. mr. speaker, this is a terrible bill. it needs to be repealed. thank you, mr. speaker. the gentleman from arizona keeps talking about the terrible things and health care reform. his state, if the aca was repealed, that the meeting in arizona. drug costs for thousands would've been 102 million dollars higher. 69,000 young adults would not .ave had coverage would...
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Jul 19, 2013
07/13
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chapter of american history. >> now tax policy. they were at the economic club for aboutton, d.c., 45 minutes, focusing on their plan to reform the tax code. >> can i have your attention please so we can get started? you still eating, please do it quietly. thank you very much. are very honored to have the chairman of the ways and means and i wouldre, like to briefly introduce our guest. for those who may not be is ther, senator baucus senator from montana. he is the third most senior in the senate right now. he served in the house of representatives. he is a native of montana and when dachau after he got his law degree and has announced he will not run for a seventh term. i think he will feel the joys of liberation at that point probably, but he has done an extraordinary job as chairman of the finance committee. the chairman of the ways and means committee. fourthesents the division and has been the chairman of the ways and means committee since 2011. 's january, 2000. is that correct? in thisoing to serve congress in that capacity
chapter of american history. >> now tax policy. they were at the economic club for aboutton, d.c., 45 minutes, focusing on their plan to reform the tax code. >> can i have your attention please so we can get started? you still eating, please do it quietly. thank you very much. are very honored to have the chairman of the ways and means and i wouldre, like to briefly introduce our guest. for those who may not be is ther, senator baucus senator from montana. he is the third most...
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Jan 10, 2013
01/13
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gone is the tax mentality replaced with a property tax cap and the lowest middle class tax rate in 58 years. [applause] >> gone is the anti-business mentality replaced with regional collaboratives in a new partnership that the working -- the record narrowly well. -- extraordinarily well. gone is the political gridlock replaced with the government that puts politics aside, remembers why they are here, puts the people first and make it is government work for the people of the state once again. [applause] we set out to bridge a divide. we needed to bridge a divide from yesterday to tomorrow, from what was to what can be. from cynicism to trust, from gridlock to cooperation to make the government work. and we are literally and metaphorically and we are building a new bridge, it is big, it is bold, it is beautiful together we did it in one year when they talked about it for ten and that is what making government work is all about, producing for the people of this state and that's what we're doing. now i would like to be able to say our job is done and it's over. but we have more to do. as
gone is the tax mentality replaced with a property tax cap and the lowest middle class tax rate in 58 years. [applause] >> gone is the anti-business mentality replaced with regional collaboratives in a new partnership that the working -- the record narrowly well. -- extraordinarily well. gone is the political gridlock replaced with the government that puts politics aside, remembers why they are here, puts the people first and make it is government work for the people of the state once...
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Mar 6, 2013
03/13
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also when asked about tax reform, should tax reform increase revenue? 74% agreed that there should be significant increase or a slight increase from revenues from tax reform. so bear with me as i explain why i think it's a very strong economic case for those responses. as economists we are naturally accustomed through viewing the world through the prison. s of -- through the prisms of cost and benefits and weighing them on the margin. the proper approach to deficit reduction would be to implement policies to the point that they equate the net marginal cost of raising an additional dollars against the net marginal cost in cuts to programs such as education, research and defense. this is balance. in principle, optimal fiscal policy would weigh the very small cost to the economy of reducing loopholes in the tax code such as the carried interest provision against the rather significant benefits foregone from cutting programs like head start, research by the national institute of health, border security and other government functions as well as entitlement r
also when asked about tax reform, should tax reform increase revenue? 74% agreed that there should be significant increase or a slight increase from revenues from tax reform. so bear with me as i explain why i think it's a very strong economic case for those responses. as economists we are naturally accustomed through viewing the world through the prison. s of -- through the prisms of cost and benefits and weighing them on the margin. the proper approach to deficit reduction would be to...
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May 8, 2013
05/13
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debt and tax policy. congressional race in south carolina today, the first district in south carolina for the house seat vacated by tim scott who was appointed to the u.s. former governor is mark sanford a south carolina the republican candidate and the democratic candidate elisabeth colbert busch, sister to stephen colbert. we will keep you posted with results as they become available. >> the herald is leading the way, again, weapons of war in previous centuries. now symbols of sovereign authority. security and administrations in the house of the lord. the baron asset george young -- baroness and george young. the duke of norfolk and the queen and duke of edinborough. >> members of the house of commons, my government pose a legislative program will focus on economic growth, justice, and constitutional reform. >> queen elizabeth the liver's her government's priorities during the state opening of british parliament. the bbc.mulcast with saying that sexual assault as one of the most serious challenges facin
debt and tax policy. congressional race in south carolina today, the first district in south carolina for the house seat vacated by tim scott who was appointed to the u.s. former governor is mark sanford a south carolina the republican candidate and the democratic candidate elisabeth colbert busch, sister to stephen colbert. we will keep you posted with results as they become available. >> the herald is leading the way, again, weapons of war in previous centuries. now symbols of sovereign...
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Nov 21, 2013
11/13
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it raises taxes by $1 trillion. hours does it without raising taxes. i voted against the budget control act that said sequestration in motion, but it has enabled us to reduce discretionary spending for two years in a row, which has not been done since the 1950's, right after the korean war. it is not the best way to do it, but we preferred to -- and we would prefer to look at programs , but it has become percent goal of starting us on a path to get but it has -- accomplished the goal of starting us on a path to get out of debt. host: "the wall street journal" reports that if a deal is not reached between the budget committee negotiators, the house and senate conference committee, that overall discretionary spending would drop from 986 to 967 billion dollars for fiscal year 2014, with most of the cuts coming from the pentagon. culpepper, virginia. democratic caller. caller: thank you for taking my call. i wanted to ask the representative directly on the line, i believe very, very strongly that within our lifetime we will end war. i heard her say -- her
it raises taxes by $1 trillion. hours does it without raising taxes. i voted against the budget control act that said sequestration in motion, but it has enabled us to reduce discretionary spending for two years in a row, which has not been done since the 1950's, right after the korean war. it is not the best way to do it, but we preferred to -- and we would prefer to look at programs , but it has become percent goal of starting us on a path to get but it has -- accomplished the goal of...
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May 1, 2013
05/13
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can a purpose be a bigger tax base? can it be beautification? can bit urban renewable? you're taking people's property and the constitution uses the word use and not purpose. what i was trying to say that something is wrong. omething doesn't make sense. i was -- i wasn't angry, i did not personalize it. i said the court. something is wrong with what we're doing and it is, again, that lady she didn't have anything. she lived in that house. you say -- you were talking about neighborhoods, this lady lived -- that family lived in that house 100 years or so. that's all she's got. if it does not protect her, who does it protect? >> we would like to end with another question from a student. this is a first-year day student. i think it is a great question to end our session with you on. she asks, what do you tell young men and women who are entering the legal profession today? >> oh, my goodness. the world is different from when i started out. i did not have good advice for myself. i try to give advice to my law clerks to try to tell them, there's going to be challenges out her
can a purpose be a bigger tax base? can it be beautification? can bit urban renewable? you're taking people's property and the constitution uses the word use and not purpose. what i was trying to say that something is wrong. omething doesn't make sense. i was -- i wasn't angry, i did not personalize it. i said the court. something is wrong with what we're doing and it is, again, that lady she didn't have anything. she lived in that house. you say -- you were talking about neighborhoods, this...
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Aug 15, 2013
08/13
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just wrapped up a final question about the irs and some of the tax implement -- tax implications of that. the founder of americans for tax reform, grover norquist, was our guest this week on "washington journal" with his own thoughts on the law. >> clearly, this bill, the obama care legislation, was porly written, sloppily put together. we are finding all sorts of problems. max baucus, the finance chair, democrat from montana, said the whole thing is a train wreck. the president has admitted that big businesses cannot deal with the mandate, so he is giving them a year. it is not clear in the law that the president has that authority. he is just sort of not going to enforce the law that is there. we now have another cap, this is supposed to be one of the benefits. prices were going to stay down. that is being delayed one year. what is to stop it from being delayed one year every year for the next 50 years? one of the people i have been working with that americans for tax reform is the -- is in support of the idea to delay all of obamacare for one year. if it is not ready for prime time, i
just wrapped up a final question about the irs and some of the tax implement -- tax implications of that. the founder of americans for tax reform, grover norquist, was our guest this week on "washington journal" with his own thoughts on the law. >> clearly, this bill, the obama care legislation, was porly written, sloppily put together. we are finding all sorts of problems. max baucus, the finance chair, democrat from montana, said the whole thing is a train wreck. the president...
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Jul 31, 2013
07/13
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and they tax. say, we have talked about the growth of health care and that something has to be done. in the last year, something has been done. what we do not know is, what will the affordable care act do? be effect be on overall expenditures for health care over the next five or 10 years. we are entering a whole new world. it is not impossible to conceive of a world that changes the dynamic of these cost curves five or 10 years from now. you have to think about and deal with these uncertainties as we going to the future. >> i think that is right. there is a possibility. we have seen evidence of a slowdown in healthcare costs. for the first time, we're going to a recovery was very flat health care. it is more than healthcare. it is retirement, generally. it is the whole retirement. real per capita spending has increased by 25%. all that increase is social security, medicare, medicaid. those three programs account for 100%. are below where we were at the end of the reagan administration. the differe
and they tax. say, we have talked about the growth of health care and that something has to be done. in the last year, something has been done. what we do not know is, what will the affordable care act do? be effect be on overall expenditures for health care over the next five or 10 years. we are entering a whole new world. it is not impossible to conceive of a world that changes the dynamic of these cost curves five or 10 years from now. you have to think about and deal with these...
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Nov 26, 2013
11/13
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there is a key party conservative group seeking tax- exempt and. eric s isater today, nasa administrator charles bolden. that is 90 minutes and it will be at 7:00 a.m. east earn on a stand. span.eastern on c- >> on november 25, 1963, one million people lined the route of president jfk's bureau session two arlington national cemetery -- ural precession -- procession two arlington national cemetery stop. >> a discussion today about defense policy. including the recent nuclear deal with iran. and sequestration budget cuts. this is about one hour 20 minutes. >> thank you all for coming. i'm sorry i am not make. -- nick. i will briefly introduce michelle and philip. there are a number of people in the audience who were out here he can verbally better weather last year. undersecretarye of policy. she was the principal advisor to the secretary of defense. she helped formulate national defense policy and oversaw military fund operations. i interviewed for a number of times and she was very cautious. we know she knows a lot, but she never told as much. she
there is a key party conservative group seeking tax- exempt and. eric s isater today, nasa administrator charles bolden. that is 90 minutes and it will be at 7:00 a.m. east earn on a stand. span.eastern on c- >> on november 25, 1963, one million people lined the route of president jfk's bureau session two arlington national cemetery -- ural precession -- procession two arlington national cemetery stop. >> a discussion today about defense policy. including the recent nuclear deal...
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Dec 20, 2013
12/13
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nothing to do with taxes. guest: i think i would say they curing cancer and putting men on mars costs money. it is not that i think that we should unfairly tax the rich, but our current tax code is an equitable. we should bring more balance to it. rather than giving corporate ceos deductions for their corporate jets, we should be investing in things like research and development that could lead to curing cancer or putting a man on mars. that is a rational choice for us to make. host: a call from farmington, new mexico. republican line. caller: this is fantastic. i have been wanting to talk to a progressive for a very long time. i do not think we get a conversation going. i would never have known until a couple of years ago. you were interviewing a gal named ebony. she had written a book called "the forgotten man." i remember hillary saying she wanted to be known as a progressive. the progressives back then were card-carrying members of the communist party. this obama -- telling you that he had a stimulus plan.
nothing to do with taxes. guest: i think i would say they curing cancer and putting men on mars costs money. it is not that i think that we should unfairly tax the rich, but our current tax code is an equitable. we should bring more balance to it. rather than giving corporate ceos deductions for their corporate jets, we should be investing in things like research and development that could lead to curing cancer or putting a man on mars. that is a rational choice for us to make. host: a call...
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Apr 4, 2013
04/13
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caller: i think it is a travesty to misuse tax dollars. i uphold codepink and any other civil rights groups. they are using government surveillance to rest citizens. ens.o harass citiz they may have an enemy list and you could be on it. they could use this enemies list to intimidate and harass innocent people. i think it is a great thing. thank you for having this show. it is wonderful. guest: again, the ideal of american politics is to bring all the disputes out into the open where people can fight it out without picking up arms. and surveillance does not fit that model. host: let's hear from richmond virginia, democrat line. lesley. hi there. go ahead with your comment. caller: i want to say that i think being -- it is a wonderful thing. without it, we're not speaking out, we are not making our voices heard. i am part of a women's group that is holding a big rally in richmond, virginia on august 27. it's called women matter, use your power. i love codepink. i love all of the activist groups that are speaking out against the injustices th
caller: i think it is a travesty to misuse tax dollars. i uphold codepink and any other civil rights groups. they are using government surveillance to rest citizens. ens.o harass citiz they may have an enemy list and you could be on it. they could use this enemies list to intimidate and harass innocent people. i think it is a great thing. thank you for having this show. it is wonderful. guest: again, the ideal of american politics is to bring all the disputes out into the open where people can...
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May 31, 2013
05/13
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finally, we look at the federal tax credits. those are the premium subsidies. those premium subsidies can be very significant for people who call fi for them. people with household income under 400% of poverty will qualify for them. for a family of four, a household income of about $95,000. so people below that threshold, a family of four, are going to qualify for some consideration for premium subsidy. now, some of the things that we have noted, though, with the premium subsidies is while they can be very, very generous to people at the lowest levels of income and in fact they're so generous that for people -- because premium subsidies are beased on what's called the silver plan, that's a plan with a a 70% act twarle -- actuarial value, if someone chooses to purchase what's cowled a bronze plan, a plan with 60%, the minimum, some of those people can actually get their coverage for zero premium after subsidy. so we have a full spectrum of where the premium changes are going to be after subsidy, all the way down to zero for a bronze plan for some people and then
finally, we look at the federal tax credits. those are the premium subsidies. those premium subsidies can be very significant for people who call fi for them. people with household income under 400% of poverty will qualify for them. for a family of four, a household income of about $95,000. so people below that threshold, a family of four, are going to qualify for some consideration for premium subsidy. now, some of the things that we have noted, though, with the premium subsidies is while they...
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Oct 24, 2013
10/13
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the obamacare mandate taxes going to kick in. many americans are going to have to pay as much as 1% of their income if they don't sign up on obamacare. -- how ist fairey? that fair? it does not make any sense to impose this 1% mandate tax on the american people. that is why republicans remain committed to delaying that mandate tax on obamacare so that finally we can get the answers that so many people are seeking and we can try and reassure the millions of americans who are brewing in their fear about what this means for their healthcare. >> it's another day and a new glitch for obamacare rollout. that's wildly 12% of americans say it's going well. more than half believe it's not. i listen to the president to his press conference that we will handle it and we will fix it in a just rings back to the moment where he was proposing obamacare and said if you had your health care and you liked it that you could keep it. it's not a glitch when american citizen receives a notice that they will not longer have their current health care. m
the obamacare mandate taxes going to kick in. many americans are going to have to pay as much as 1% of their income if they don't sign up on obamacare. -- how ist fairey? that fair? it does not make any sense to impose this 1% mandate tax on the american people. that is why republicans remain committed to delaying that mandate tax on obamacare so that finally we can get the answers that so many people are seeking and we can try and reassure the millions of americans who are brewing in their...
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Feb 7, 2013
02/13
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we take no tax dollars. we don't have the ability to reduce costs in a way a private business would. and we are at the end of our borrowing authority. to give some perspective of our liquid situation, a typical large organization would either have cash on hand or quick borrowing ability. in october, the postal service had less than four days of cash on hand. that's a very scary situation and no situation that a business should be in. and this is why we have taken aggressive steps to reduce our costs and why we have been so vocal about seeking postal reform legislation. we faced a major hurdle to return to profitability and long-term stability. we need to generate $20 billion in cost reductions and revenue increases to close the budget gap and be able to repay our debt, both close the gap and repay the debt. and this is why the board of governors has directed us to take every necessary step to reduce costs and conserve cash necessary to continue our operations. it's what we have been doing consistently over t
we take no tax dollars. we don't have the ability to reduce costs in a way a private business would. and we are at the end of our borrowing authority. to give some perspective of our liquid situation, a typical large organization would either have cash on hand or quick borrowing ability. in october, the postal service had less than four days of cash on hand. that's a very scary situation and no situation that a business should be in. and this is why we have taken aggressive steps to reduce our...
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Mar 7, 2013
03/13
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to help them catch tax cheats or help americans with questions on their tax forms. moreover no additional money is provided to help the i.r.s. administer new tax credits under the affordable care act, something that will only lead to more confusion. once again, republicans are attempting to extend the federal employee pay freeze for the rest of the year. have we -- had we had a full omnibus bill, and i think with a little work we could have had such a bill, we could have addressed many of these concerns. unfortunately this c.r. is inadequate to the needs of our federal government and to the american people and does mot provide all agencies with the needed flexibility to best deal with the sequester. for that and other reasons, i urge opposition to this bill and i thank the gentlewoman. the speaker pro tempore: the gentlemayields back. the gentlewoman from new york reserves. the gentleman from kentucky is recognized. mr. rogers: i yield one minute to the gentleman from pennsylvania who chairs the transportation and infrastructure committee, mr. shuster,, for the purp
to help them catch tax cheats or help americans with questions on their tax forms. moreover no additional money is provided to help the i.r.s. administer new tax credits under the affordable care act, something that will only lead to more confusion. once again, republicans are attempting to extend the federal employee pay freeze for the rest of the year. have we -- had we had a full omnibus bill, and i think with a little work we could have had such a bill, we could have addressed many of these...
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Nov 8, 2013
11/13
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we would simplify the tax code, close some wasteful tax loopholes. lower tax rates to create jobs here in the united states and use some of the money we saved by switching to a smarter tax what they neede here in america. it's a pretty sensible deal. if we take that step we can modernize the air traffic control system. we could modernize power grids and pipelines to survive storms. we could modernize our schools to prepare our kids for jobs in the future. toernize our ports accommodate the new ships. they used to be a broad consensus that these things were important to our economy. we have to move forward. it does not mean that there will not be disagreements but let's work on the things that we agree on. i'm going to make one last point, one area where we have not made much bipartisan progress, at least not as much as we like, fixing our broken health care system. [applause] knowing himis cause is hard. there was a reason no one other president had done it, to make sure every american has access to quality, affordable health care and make sure no am
we would simplify the tax code, close some wasteful tax loopholes. lower tax rates to create jobs here in the united states and use some of the money we saved by switching to a smarter tax what they neede here in america. it's a pretty sensible deal. if we take that step we can modernize the air traffic control system. we could modernize power grids and pipelines to survive storms. we could modernize our schools to prepare our kids for jobs in the future. toernize our ports accommodate the new...
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Feb 21, 2013
02/13
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this is one of the most distasteful taxed -- tasks i have faced in my four years. we will work it out. >> thank you, bob. let me first say that our focus is clearly on people. civilians around the world provide invaluable support for national security. everyday they make countless contributions and sacrifices in support of national defence. the effects of sequestration and the continuing resolution will be devastating. on our civilians, it will be catastrophic. these critical members of our workforce maintain and repair tanks, aircraft, ships. they teach our kids and care for our children. they provide medical treatments to all of our beneficiaries. they take care of our wounded warriors. they provide services in programs like sexual assault prevention and suicide prevention, just to name a few. let me be clear, the first, second, and third order on sequestration will be fell in local command and local communities all over the united states. this is not a beltway phenomenon. more than 80% of our civilians work outside the washington, d.c. metro area. if furloughs a
this is one of the most distasteful taxed -- tasks i have faced in my four years. we will work it out. >> thank you, bob. let me first say that our focus is clearly on people. civilians around the world provide invaluable support for national security. everyday they make countless contributions and sacrifices in support of national defence. the effects of sequestration and the continuing resolution will be devastating. on our civilians, it will be catastrophic. these critical members of...
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115
Jan 31, 2013
01/13
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it is the tax payer dollars. it is used to pay tax dollar pare interest. we should take it down to zero and build it anew. does that mean we should give everybody the same as before? maybe it does. does it mean we should give them zero? could be. does it mean we should give them more? also a possibility. autopilot is unconscionable. that is the problem we have. we are on autopilot. i am not talking about this blank contract in whatever country we are building. there are things that are going on and pipelines in our foreign aid. the inch -- the issue is the message we send. we become hysterically. put you killed a christian and all of our aid must end. do not do it based on that. that is unacceptable. this should be based on a whole array of questions. treatment of minorities, treat -- religious rights, political rights, economic rights. all of those things are known factors and yet it seems everybody has something better to do than to sit down and have aggressive hearings on egypt, take it down to nothing and built it crashed. -- fresh. . >> i am agreeing
it is the tax payer dollars. it is used to pay tax dollar pare interest. we should take it down to zero and build it anew. does that mean we should give everybody the same as before? maybe it does. does it mean we should give them zero? could be. does it mean we should give them more? also a possibility. autopilot is unconscionable. that is the problem we have. we are on autopilot. i am not talking about this blank contract in whatever country we are building. there are things that are going on...
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Feb 28, 2013
02/13
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there is no way we are going to prevent people from engaging in these sorts of the tax completely. we do not have a crystal ball that enables us to see into the mind of people who might be spent on this kind of horror. what we can do by limiting and banning high-capacity magazines is we could limit the damage and tragedy and horrific casualties that those people cause when they undertake those sorts of actions. >> my final question. when you consider the amount of damage done in narrow time frames, 90 seconds or four minutes, how realistic do you believe adding armed guards to schools to intervene in such a sudden and deadly attack? >> i do not want to rule out the potential value a local school board might put on having an armed guard. there are situations you can imagine it could be of assistance. woods -- it is hard to see they will start -- solve the problem. it is worth mentioning the schools are the most horrible example of where mass shootings take place. they are not the only places. >> thank you. >> thank you. let me read the list, according to our rules. i know senator bl
there is no way we are going to prevent people from engaging in these sorts of the tax completely. we do not have a crystal ball that enables us to see into the mind of people who might be spent on this kind of horror. what we can do by limiting and banning high-capacity magazines is we could limit the damage and tragedy and horrific casualties that those people cause when they undertake those sorts of actions. >> my final question. when you consider the amount of damage done in narrow...
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Jul 10, 2013
07/13
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caller: all these companies took the jobs to china to avoid taxes and labor laws. clean up the environment. when it took them over there, they were getting one dollar a day. versus, what they were making here in the united states. when united states companies went overseas -- as their headquarters sit the united states -- the only people who seem to benefit from this are the government. these companies are getting off scott free from the destruction of the building that collapsed with the walmart workers. you have another one that collapsed a couple months ago. the chinese people are -- the only people were making out on this are the government and the people headquartered in the united states. guest: thank you for your call. the caller has hit on a number of issues regarding trade policy. one of the reasons that united states companies have gone to china is that the chinese economy is growing much faster than the u.s. economy. it is estimated to grow at triple the rate of united states economy for the next several years. if they want to be competitive again global
caller: all these companies took the jobs to china to avoid taxes and labor laws. clean up the environment. when it took them over there, they were getting one dollar a day. versus, what they were making here in the united states. when united states companies went overseas -- as their headquarters sit the united states -- the only people who seem to benefit from this are the government. these companies are getting off scott free from the destruction of the building that collapsed with the...
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Dec 18, 2013
12/13
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can you find one or 2 trillion and not raise taxes or spending? what we have done is what the career politicians want us to do. that is what will go down on the senate floor today. financially it is stupid for the young people of this country. >> on the defense side, where any of the amendments that you are hoping to see incorporated? >> my amendment will not be considered. i think what we ought to do is hold contractors accountable. there are three sides to defense spending. there are things that have nothing to do with defense. we ought to get them out. it is not fair to say the defense budget as this, when 10% of the budget has nothing to do with defense. number two, how do we buy major weapons systems? you will not solve the problem of cost to the pentagon until you make it where the contractors in this country have capital at risk. we do not have any capital at risk. then you see the f-35, and the contractors are making money every time the dollar goes over. until they have capital at risk, they know how to milk the system. there is no penalt
can you find one or 2 trillion and not raise taxes or spending? what we have done is what the career politicians want us to do. that is what will go down on the senate floor today. financially it is stupid for the young people of this country. >> on the defense side, where any of the amendments that you are hoping to see incorporated? >> my amendment will not be considered. i think what we ought to do is hold contractors accountable. there are three sides to defense spending. there...
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Dec 18, 2013
12/13
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it does not say anything about reforming the tax code. have not voted for a debt ceiling increase because i think it is not honest with the american people. it is meaningless. we ought not to spend money we don't had -- have and the reason we ought not to be spending the money is all we are doing is decreasing the standard of living of the present upcoming generation. surely in $3 trillion worth of spending we can find one percent or two percent or three or four percent at is wasteful. and all we did is put out with this book -- i did not include 200second 200 or the third of things that most reasonable people with any common sense or work history would say, that is not good value. i am spending. the question is, where is everybody else asking the questions as we continue to borrow ourselves into oblivion? 700 billion, everybody taking a breath, 700 billion dollar deficit. think about that. what is going to be required of the young people of this country just to service the $700 billion from last year. to me, this is a moral issue. when y
it does not say anything about reforming the tax code. have not voted for a debt ceiling increase because i think it is not honest with the american people. it is meaningless. we ought not to spend money we don't had -- have and the reason we ought not to be spending the money is all we are doing is decreasing the standard of living of the present upcoming generation. surely in $3 trillion worth of spending we can find one percent or two percent or three or four percent at is wasteful. and all...
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Jul 24, 2013
07/13
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they've mostly given us higher taxes, anndless strea of religions and an unwilling -- regulations and an unwilling ocess -- they've given us a stimulus that ballooned the debt, maddeningly complex financial regulations that fail to solve too big to fail, and made bailouts the official law of the land and they gave us a 2,700-page health care law that almost no one read with a tower of at least 20,000 pages of accompanying regulations that almost no one can understand. it is no wonder so many americans remain out of work with 54 months of unemployment at or above 7% in. kentucky, the rarity is regretfully -- the rate is regretfully even higher. washington democrats have been pivoting back and forth. they pivot so much that they often don't seem to know what to do with themselves when there is an absolutely policy issue to be solved. an issue where you would assume many democrats and republicans would normally agree. just take the student loan issue. right now the unemployment rate for 20-24 year olds is about 14.5%. for teens it is even worse, about 24%. the youth of our country are st
they've mostly given us higher taxes, anndless strea of religions and an unwilling -- regulations and an unwilling ocess -- they've given us a stimulus that ballooned the debt, maddeningly complex financial regulations that fail to solve too big to fail, and made bailouts the official law of the land and they gave us a 2,700-page health care law that almost no one read with a tower of at least 20,000 pages of accompanying regulations that almost no one can understand. it is no wonder so many...
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53
Dec 19, 2013
12/13
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we also have tax credit that should help defray some of the cost. we had a group of small businesses come into the white house a few weeks ago talked about the benefits of the affordable care act. some of them have already receive rebate checks from their insurance companies because the companies were not spending enough money on care. they were getting money back. it will be very positive for small businesses. the burden is on us to get the word out about the benefit and tax credits that are available. >> i wanted to talk about the budget. presumably if the budget deal passes the senate today and is signed into law, and presumably we do not have fights on the spending bill next year, we will have to raise the debt limit at some point between february 7 and march if the treasury is to be believed. >> the treasury is always to be believed. >> sometimes we can split the difference between those two. the treasury always want to think this guy is about to fall. that the white house believe that we are past fiscal crisis mode. can you stick to the line t
we also have tax credit that should help defray some of the cost. we had a group of small businesses come into the white house a few weeks ago talked about the benefits of the affordable care act. some of them have already receive rebate checks from their insurance companies because the companies were not spending enough money on care. they were getting money back. it will be very positive for small businesses. the burden is on us to get the word out about the benefit and tax credits that are...
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Nov 18, 2013
11/13
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we have this tax code where our tax rates are really high. toyou send your money washington but do some things that we in washington approve of, you we will let you yet some of it back. i have a better idea -- keep it in the first place. you decide what you do with it because it is your money. [applause] that is what real tax reform looks like. those are the kinds of things we have to propose an show. we also know what a real war on poverty looks like because it is not the one that has been waged for the last 49 years. next year is the 50th anniversary of the war on poverty. $15 trillion spent on it and the highest level of poverty ever. -- 46 million people in poverty. washington has gummed up the works. it has made it harder for people to get ahead. the idea of upward mobility is slipping farther away for people who have not seen in generations. we can do better than that. we can restore america as the party of equal opportunity to show how these ideas prevail. we have had big government in theory. a lot of people voted for that. we have it
we have this tax code where our tax rates are really high. toyou send your money washington but do some things that we in washington approve of, you we will let you yet some of it back. i have a better idea -- keep it in the first place. you decide what you do with it because it is your money. [applause] that is what real tax reform looks like. those are the kinds of things we have to propose an show. we also know what a real war on poverty looks like because it is not the one that has been...
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Nov 4, 2013
11/13
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he tax cuts remained in effect. i think you're right, there should have been some revisiting of those tax cuts that were in effect, but the tax cuts allowed us to avoid a major recession back in 2001. host: you bring up deficits. how much motivation is there right now to get a grand deal done whether it's in this effort or future effort with u.s. just having posted its lowest deficits in 2008, is it? guest: we ended up the fiscal year that just ended, fiscal $6802013 with a deficit of billion. i believe the figure was, and that was a significant of 30%, 40% reduction of the previous year of $1.1 trillion. and the immediate effect, is it taking pressure off and things are improving. things are improving in the near term. part of the reason why the deficit came down so significantly, receive news wept up 13% and spending wept down 2% last year. the combination of those two resulted in the deficit coming down. the difficulty is that while that's a good sign in the near term, all projections because of the demographics
he tax cuts remained in effect. i think you're right, there should have been some revisiting of those tax cuts that were in effect, but the tax cuts allowed us to avoid a major recession back in 2001. host: you bring up deficits. how much motivation is there right now to get a grand deal done whether it's in this effort or future effort with u.s. just having posted its lowest deficits in 2008, is it? guest: we ended up the fiscal year that just ended, fiscal $6802013 with a deficit of billion....
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92
Sep 12, 2013
09/13
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eye 92
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we are a tax paying group of folks, don't you think we should sit down and work together on it. focusing on collaboration and sharing rather than compliance is the best approach for the time being. >> do you want some more time? i want to preff as, -- preface, ou mentioned pat gallagher pat galer from nist and he said every now and then witnesses showed great wisdom and in his testimony before us, he said, we'll know we're on the right track when good cybersecurity policy and good business policy are one. that's what he said. that's pretty good. pretty good advice. we have gotten a lot of good advice here as well. we also preface my next question by saying it's the anniversary of the 9/11. here we are maybe days before the u.s. could launch limited cruise missile attacks at some targets in syria. here we are knowing we are under attack, cyber front, 24/7. and we have an acting secretary of homeland security and we have an acting deputy secretary of homeland security. and just cries out for the administration and for us to do our jobs to make sure we have in place the kind of con
we are a tax paying group of folks, don't you think we should sit down and work together on it. focusing on collaboration and sharing rather than compliance is the best approach for the time being. >> do you want some more time? i want to preff as, -- preface, ou mentioned pat gallagher pat galer from nist and he said every now and then witnesses showed great wisdom and in his testimony before us, he said, we'll know we're on the right track when good cybersecurity policy and good...
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Feb 1, 2013
02/13
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i will not quiz you on 841, so you can take a deep breath. 841 is designed to protect americans' tax dollars from corrupt contracts that benefit the enemy. we are working in provisions that will make more effective the procedures for terminating those contracts, getting back american dollars, extending those protections to non-defense dollars, and i hope that we can have your commitment to work with us on that area. >> you have that commitment. i will enthusiastically work with you in this area. >> thank you. i appreciate your frank and forthright answers, and i do not know whether i will be here for the second round of questioning, but i want to express my sincere gratitude to you for your willingness to serve and your patience and forthrightness in entering all our questions. thank you. >> thank you, senator blumenthal. >> thank you, senator hagel, for being here today and thank you for your service to this country. it is good to see your wife and brothers behind you as an indication of the family commitment as well as your personal commitment. there are several things i may get to
i will not quiz you on 841, so you can take a deep breath. 841 is designed to protect americans' tax dollars from corrupt contracts that benefit the enemy. we are working in provisions that will make more effective the procedures for terminating those contracts, getting back american dollars, extending those protections to non-defense dollars, and i hope that we can have your commitment to work with us on that area. >> you have that commitment. i will enthusiastically work with you in...
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Oct 24, 2013
10/13
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the white house that the republicans would raise taxes before cutting military spending. they were wrong. house republicans rightly decided that as the wars in afghanistan and iraq were winding down, defense would be cut under any scenario. it made the most strategic sense to uphold the sequester to ensure that the peace dividend did not get spent elsewhere. as i mentioned, it is our fault. congress should be blamed. in my opinion, the house in particular. it is not enough to pass legislation. we have to conference it with the senate. both houses finally passed budgets this year. only this week did we do a conference on the budget. begging,e years of then we refused to conference it with them. "the wall street journal" pointed out, you can't govern america with one half of one branch of government. it takes more than that. it takes cooperation. it takes that dreaded word compromise. i am proud of the work that you gentlemen and ladies are doing. are under that you this distressed. i hope and pray that congress will get its act together fast. we only have a few days before
the white house that the republicans would raise taxes before cutting military spending. they were wrong. house republicans rightly decided that as the wars in afghanistan and iraq were winding down, defense would be cut under any scenario. it made the most strategic sense to uphold the sequester to ensure that the peace dividend did not get spent elsewhere. as i mentioned, it is our fault. congress should be blamed. in my opinion, the house in particular. it is not enough to pass legislation....
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Aug 19, 2013
08/13
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we should look at fair tax reform. we know that it's something that senator bachus can get done in the senate. if we can think about how america can get to the strongest, the most innovative, it brought the world everything from the pace maker to the post-it note to facebook. it's clear we're the country we are today because we were able to invest in those opportunities, to invest in scientific research, to invest in innovation, to invest in entrepreneurship. i truly believe these are things that democrats and republicans can agree on. simple ideas of workforce training, comprehensive tax reform. bringing the debt down in a balanced way. these are things we should agree on across the board. what's the problem? well, first of all, we know that some republicans are willing to work on those kinds of things. i know better than anyone because of / of the bills i've done have led because of bipartisan. some want to move the country the right way. want to move our country forward. but a group of ideologues in the oules of rep
we should look at fair tax reform. we know that it's something that senator bachus can get done in the senate. if we can think about how america can get to the strongest, the most innovative, it brought the world everything from the pace maker to the post-it note to facebook. it's clear we're the country we are today because we were able to invest in those opportunities, to invest in scientific research, to invest in innovation, to invest in entrepreneurship. i truly believe these are things...
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Dec 19, 2013
12/13
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tax expenditures are nothing but earmarks in the tax code. $1.2 trillion, i was on the bowles-simpson commission and recommended eliminating many of those. caller: you guys have to do that. the second thing, do you know the difference between enlisted pay and officers' pay? why would you take money from an enlisted man? i was down there for years, i never saw officers relieve me. i was shoveling coal. we had a hard time down there. i spent 15 years and you want to tell me what i did is not worth it? guest: i do not understand what you are saying. i voted against the bill yesterday, i will vote against this one that will impact retiree's pay. i am on the other side of that. you may have me confused with somebody else. caller: i thought i had seen your name as voting for it. guest: no, sir. host: we will go to spartanburg, south carolina, on our line for independents. good morning. caller: good morning. senator coburn, i want to let you know that i appreciate what you are informing us about. i have always thought that it needed to be brought to the front. and dealt with. all this abuse.
tax expenditures are nothing but earmarks in the tax code. $1.2 trillion, i was on the bowles-simpson commission and recommended eliminating many of those. caller: you guys have to do that. the second thing, do you know the difference between enlisted pay and officers' pay? why would you take money from an enlisted man? i was down there for years, i never saw officers relieve me. i was shoveling coal. we had a hard time down there. i spent 15 years and you want to tell me what i did is not...
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Nov 21, 2013
11/13
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>> it always comes down to the issue of taxes. revenue, democrats are saying they are open to considering things that would raise revenue that would not involve closing loopholes that would raise revenue, something republicans do not want to raise revenue, raise taxes of any kind. if there is not a large enough number where they can raise revenue from other areas and democrats insist on raising up some least to make of the changes to sequestration they are talking about, that could blow up a deal at the end of the day. also, if republicans insist on deeper cuts, mandatory spending programs like health care, medicare waste programs, that could blow things up at the end. it is really the same issues, taxes and environmental programs, that have dogged congress on many years and that the two members will have to get around to get even small targeted deals by the end of december. and readn follow manu his political reporting on politico.com. think you for bringing us up to speed. in a few moments, susan rice on u.s. policy in the asia-
>> it always comes down to the issue of taxes. revenue, democrats are saying they are open to considering things that would raise revenue that would not involve closing loopholes that would raise revenue, something republicans do not want to raise revenue, raise taxes of any kind. if there is not a large enough number where they can raise revenue from other areas and democrats insist on raising up some least to make of the changes to sequestration they are talking about, that could blow...